CBH addresses logistical bottlenecks in view of demand surge Asian buyers hunting to secure wheat in fear of supply shortage Tight balance sheet to drive forward purchases Global wheat prices have sky-rocketed since Russia invaded Ukraine, disrupting supply from the world’s largest wheat exporting region while boosting Australia’s profile as markets look to shift trade flows. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Australian Premium White, or APW, wheat index jumped by $28/mt since Feb. 23, the day before Russia invaded Ukraine, to $380/mt FOB Kwinana March 2, according to Platts assessments from S&P Global Commodity Insights. The last time APW hit a record high was on Dec. 6 at $372.5/mt FOB Kwinana on the back of widespread rainfall during peak harvest period. Australian suppliers were bracing for a surge in export demand as buyers look to replace the loss of Black Sea […]